Updated: 5 days ago
Collaboration with faculty from the University of North Carolina at Chapel Hill.
The recovery from COVID-19 will truly “take a village” – requiring collaboration across the public, private, and non-profit spectra. One key actor in this process are community development organizations (CDOs), which includes community development financial institutions (CDFIs). Demand for CDO services has never been higher. CDOs have helped those they serve survive and thrive through the pandemic via their strategic use of social capital. We explore how these organizations have leveraged their networks to raise organizational, political, programmatic, and adaptive capacity.
WHY THIS MATTERS
There is little research on best practices for recovery from economic shocks like COVID-19. We believe the data highlight how CDFIs and other CDOs have and will continue to play a critical role. Their strategic use of social capital to supplement a wide variety of capacity constraints offers a compelling model for best practice across North Carolina and the nation.
DOWNLOAD THE RESEARCH SPOTLIGHT:
Williams, Teshanee, Brown-Graham, Anita, McCall, Jamie, and Maureen Berner. 2021. “Community Development Organizations’ Capacity to Respond to COVID-19: The Strategic Use of Social Capital.” UNC School of Government ncIMPACT Initiative Bulletin, No. 2021/01. Chapel Hill, NC. https://www.sog.unc.edu/publications/bulletins/community-development-organizations’-capacity-respond-covid-19-theoretical-approach-strategic-use